76,254 Shares in Hallador Energy (NASDAQ:HNRG) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new position in shares of Hallador Energy (NASDAQ:HNRG - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 76,254 shares of the energy company's stock, valued at approximately $873,000. Raymond James Financial Inc. owned 0.18% of Hallador Energy as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Quantinno Capital Management LP acquired a new stake in shares of Hallador Energy during the third quarter valued at approximately $96,000. Janus Henderson Group PLC acquired a new stake in shares of Hallador Energy in the third quarter worth $119,000. Sage Investment Counsel LLC purchased a new position in shares of Hallador Energy during the fourth quarter valued at $160,000. Bleakley Financial Group LLC acquired a new position in Hallador Energy during the fourth quarter valued at $171,000. Finally, Aspiriant LLC purchased a new stake in Hallador Energy in the 4th quarter worth about $179,000. 61.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HNRG has been the subject of several research reports. B. Riley raised their price target on shares of Hallador Energy from $13.00 to $15.00 and gave the stock a "buy" rating in a report on Tuesday, April 1st. StockNews.com raised Hallador Energy from a "sell" rating to a "hold" rating in a research report on Monday.

Hallador Energy Stock Up 17.0 %

Shares of Hallador Energy stock traded up $1.89 during midday trading on Wednesday, reaching $13.00. 2,518,605 shares of the company's stock traded hands, compared to its average volume of 539,491. The company has a market cap of $554.05 million, a price-to-earnings ratio of -23.64 and a beta of 0.18. Hallador Energy has a 52 week low of $4.33 and a 52 week high of $14.00. The company's 50 day simple moving average is $11.04 and its 200 day simple moving average is $11.17. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.17 and a current ratio of 0.58.

Hallador Energy (NASDAQ:HNRG - Get Free Report) last issued its quarterly earnings data on Monday, March 17th. The energy company reported ($0.02) EPS for the quarter, beating analysts' consensus estimates of ($0.03) by $0.01. Hallador Energy had a negative return on equity of 6.71% and a negative net margin of 4.85%. The business had revenue of $94.80 million for the quarter, compared to analyst estimates of $102.46 million. Equities analysts expect that Hallador Energy will post -0.31 earnings per share for the current fiscal year.

Hallador Energy Company Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.